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    Property profile & analytics

    461 Main St Gorham, NH 03581

    • Automotive properties
    • 11,232 SF
    • 2.94 lot acres
    For Sale
    View listing
    $899,900
    Value Estimation
    Last Sale
    Jan 04, 2021
    $600,000
    Location Intelligence
    Property ID
    US58-0324292
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Automotive properties

    Property Details for 461 Main St

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.94 lot acres
    Property size
    11,232 SF
    Zone code
    CB
    Property type
    Automotive properties
    APN
    GORH M:U10 L:12
    APU
    GORHMU10L12

    Description

    This exceptional Gorham, NH commercial property, located on Route 16, presents a remarkable business opportunity. The 11,232 square foot building, constructed in 1985, sits on a spacious 2.94-acre lot, offering high visibility and abundant traffic. The property features a large showroom ideal for showcasing products or services, complemented by well-appointed first and second-floor offices. Three bathrooms provide ample convenience for staff and clients. The expansive acreage allows for significant growth and development potential. Ample parking is available, ensuring ease of access for visitors and employees. This property is perfect for entrepreneurs seeking a high-traffic location with room to expand or for established businesses looking to relocate to a prime commercial area. The combination of location, size, and versatile space makes this an exceptional investment opportunity in a thriving New Hampshire community. The building's existing infrastructure provides a solid foundation for a variety of commercial uses, allowing for customization to suit specific business needs. This is a chance to acquire a substantial property with significant potential for future growth and profitability.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $735,000

    • CAP approach

      CAP return
      Estimation
      6%
      $640,000
      6.5%
      $625,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $610,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $535,000
      Mixed-Use
      $660,000
      Hospitality
      $685,000
      Educational
      $705,000
      Residential Income
      $665,000
      Energy
      $725,000
      Income-Based Land
      $695,000
      Food Service
      $640,000

    Location Insight

    • Map
    • Local Demand
    City
    Gorham
    County
    Coos
    State
    New Hampshire
    Longitude
    -71.1998
    Latitude
    44.4047
    CBSA code
    13620
    CBSA name
    BERLIN, NH-VT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,120
    $386,800
    $351,300
    $738,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,395,000
      1,560 SF

      479 Main St

      VEHICLE SALES, RENTALS • 1,560 SF
      479 Main St, Gorham, NH 03581-1024
      View Details
    • Value Estimation by Request
      26,356 SF

      545th Main St

      VEHICLE SALES, RENTALS • 26,356 SF
      545th Main St, Gorham, NH 03581-4901
      View Details
    • Value Estimation by Request
      18,827 SF

      471 Main St

      VEHICLE SALES, RENTALS • 18,827 SF
      471 Main St, Gorham, NH 03581-1024
      View Details
    • Value Estimation by Request
      41,376 SF

      485 Main St

      VEHICLE SALES, RENTALS • 41,376 SF
      485 Main St, Gorham, NH 03581-1024
      View Details
    • Value Estimation
      $415,000
      6,000 SF

      489 Main St

      VEHICLE SALES, RENTALS • 6,000 SF
      489 Main St, Gorham, NH 03581-1024
      View Details
    • Value Estimation by Request
      3,800 SF

      346 Main St

      SERVICE STATION (FULL SERVICE) • 3,800 SF
      346 Main St, Gorham, NH 03581
      View Details

    Similar Nearby for Sale

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      0.94 Acres

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      View Details
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      Self-Storage Portfolio For Sale

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    Similar Nearby for Lease

    • Contact for pricing
      31,363 SF

      Retail Space on High-Traffic Route

      Four-unit retail building with high visibility and ample parking.
      609 Main St, Gorham, NH 03581
      View Details
    • Contact for pricing
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      Mountain Valley Plaza Retail Space

      Gorham, NH Strip Center - 27,000 SF
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      View Details
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    461 Main St
    Gorham, NH 03581
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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